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the average market interest. You may add considerably to your income by consolidating all these mortgages into one at a lower percentage, and in so doing pay off this formidable mortgagee, M. Louvier, who, I shrewdly suspect, is bent upon becoming the proprietor of Rochebriant. Unfortunately those few portions of your land which were but lightly charged, and, lying contiguous to small proprietors, were coveted by them, and could be advantageously sold, are already gone to pay the debts of Monsieur the late Marquis. There are, however, two small farms which, bordering close on the town of S______, I think I could dispose of for building purposes at high rates; but these lands are covered by M. Louvierโ€™s general mortgage, and he has refused to release them, unless the whole debt be paid. Were that debt therefore transferred to another mortgagee, we might stipulate for their exception, and in so doing secure a sum of more than 100,000 francs, which you could keep in reserve for a pressing or unforeseen occasion, and make the nucleus of a capital devoted to the gradual liquidation of the charges on the estate. For with a little capital, Monsieur le Marquis, your rent-roll might be very greatly increased, the forests and orchards improved, those meadows round S_____ drained and irrigated. Agriculture is beginning to be understood in Bretagne, and your estate would soon double its value in the hands of a spirited capitalist. My advice to you, therefore, is to go to Paris, employ a good โ€˜avoue,โ€™ practised in such branch of his profession, to negotiate the consolidation of your mortgages upon terms that will enable you to sell outlying portions, and so pay off the charge by instalments agreed upon; to see if some safe company or rich individual can be found to undertake for a term of years the management of your forests, the draining of the S_____ meadows, the superintendence of your fisheries, etc. They, it is true, will monopolize the profits for many years,โ€”perhaps twenty; but you are a young man: at the end of that time you will reenter on your estate with a rental so improved that the mortgages, now so awful, will seem to you comparatively trivial.โ€

In pursuance of this advice, the young Marquis had come to Paris fortified with a letter from M. Hebert to an โ€˜avoueโ€™ of eminence, and with many letters from his aunt to the nobles of the Faubourg connected with his house. Now one reason why M. Hebert had urged his client to undertake this important business in person, rather than volunteer his own services in Paris, was somewhat extra-professional. He had a sincere and profound affection for Alain; he felt compassion for that young life so barrenly wasted in seclusion and severe privations; he respected, but was too practical a man of business to share, those chivalrous sentiments of loyalty to an exiled dynasty which disqualified the man for the age he lived in, and, if not greatly modified, would cut him off from the hopes and aspirations of his eager generation. He thought plausibly enough that the air of the grand metropolis was necessary to the mental health, enfeebled and withering amidst the feudal mists of Bretagne; that once in Paris, Alain would imbibe the ideas of Paris, adapt himself to some career leading to honour and to fortune, for which he took facilities from his high birth, an historical name too national for any dynasty not to welcome among its adherents, and an intellect not yet sharpened by contact and competition with others, but in itself vigorous, habituated to thought, and vivified by the noble aspirations which belong to imaginative natures.

At the least, Alain would be at Paris in the social position which would afford him the opportunities of a marriage, in which his birth and rank would be readily accepted as an equivalent to some ample fortune that would serve to redeem the endangered seigneuries. He therefore warned Alain that the affair for which he went to Paris might be tedious, that lawyers were always slow, and advised him to calculate on remaining several months, perhaps a year; delicately suggesting that his rearing hitherto had been too secluded for his age and rank, and that a year at Paris, even if he failed in the object which took him there, would not be thrown away in the knowledge of men and things that would fit him better to grapple with his difficulties on his return.

Alain divided his spare income between his aunt and himself, and had come to Paris resolutely determined to live within the L200 a year which remained to his share. He felt the revolution in his whole being that commenced when out of sight of the petty principality in which he was the object of that feudal reverence, still surviving in the more unfrequented parts of Bretagne, for the representatives of illustrious names connected with the immemorial legends of the province.

The very bustle of a railway, with its crowd and quickness and unceremonious democracy of travel, served to pain and confound and humiliate that sense of individual dignity in which he had been nurtured. He felt that, once away from Rochebriant, he was but a cipher in the sum of human beings. Arrived at Paris, and reaching the gloomy hotel to which he had been recommended, he greeted even the desolation of that solitude which is usually so oppressive to a stranger in the metropolis of his native land. Loneliness was better than the loss of self in the reek and pressure of an unfamiliar throng. For the first few days he had wandered over Paris without calling even on the โ€˜avoueโ€™ to whom M. Hebert had directed him. He felt with the instinctive acuteness of a mind which, under sounder training, would have achieved no mean distinction, that it was a safe precaution to imbue himself with the atmosphere of the place, and seize on those general ideas which in great capitals are so contagious that they are often more accurately caught by the first impressions than by subsequent habit, before he brought his mind into collision with those of the individuals he had practically to deal with.

At last he repaired to the โ€˜avoue,โ€™ M. Gandrin, Rue St. Florentin. He had mechanically formed his idea of the abode and person of an โ€˜avoueโ€™ from his association with M. Hebert. He expected to find a dull house in a dull street near the centre of business, remote from the haunts of idlers, and a grave man of unpretending exterior and matured years.

He arrived at a hotel newly fronted, richly decorated, in the fashionable quartier close by the Tuileries. He entered a wide โ€˜porte cochere,โ€™ and was directed by the concierge to mount โ€˜au premier.โ€™ There, first detained in an office faultlessly neat, with spruce young men at smart desks, he was at length admitted into a noble salon, and into the presence of a gentleman lounging in an easy-chair before a magnificent bureau of โ€˜marqueterie, genre Louis Seize,โ€™ engaged in patting a white curly lapdog, with a pointed nose and a shrill bark.

The gentleman rose politely on his entrance, and released the dog, who, after sniffing the Marquis, condescended not to bite.

โ€œMonsieur le Marquis,โ€ said M. Gandrin, glancing at the card and the introductory note from M. Hebert, which Alain had sent in, and which lay on the โ€˜secretaireโ€™ beside heaps of letters nicely arranged and labelled, โ€œcharmed to make the honour of your acquaintance; just arrived at Paris? So M. Hebertโ€”a very worthy person whom I have never seen, but with whom I have had correspondenceโ€”tells me you wish for my advice; in fact, he wrote to me some days ago, mentioning the business in question,โ€”consolidation of mortgages. A very large sum wanted, Monsieur le Marquis, and not to be had easily.โ€

โ€œNevertheless,โ€ said Alain, quietly, โ€œI should imagine that there must be many capitalists in Paris willing to invest in good securities at fair interest.โ€

โ€œYou are mistaken, Marquis; very few such capitalists. Men worth money

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